Comparable sales across Jensen Beach and Port St. Lucie average $230–$265/SF with 5.4–7.2% cap rates for similar-sized centers. The property’s fully leased status and stable tenants (medical and community service) support a valuation near the midpoint of this range despite below-market base rents. VALUE ADD OPPORTUNITY The 2025 lease expirations (two tenants) Now Month to Month provide rent growth potential, adding upside value for buyers seeking medium-term repositioning. $280/SF and an effective in-place cap rate of ~7.1%, balancing yield-driven investor appeal with growth potential. Positioned below replacement cost and regionally competitive with recent retail-medical sales in central Martin County.
14,152 Sq Ft
2.937 Private Acres Lot Size
Commercial
$46,165 Annual Tax
Built in 1981
MLS/Listing ID M20053506
1 Stories
Construction - Stucco
Construction - Concrete
Construction - Block
Cooling - Electric
Cooling - Central Air
Heating - Individual
Heating - Electric
Metal

TOTAL MONTHLY COST
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